NTPC shares fell by 2.8% to a low of Rs 314.50 following its quarterly results, but later recovered to Rs 322.60. The company’s standalone net profit increased by 3.1% YoY to Rs 4,711.4 crore, while consolidated revenue grew to Rs 45,052.8 crore. NTPC also announced a second interim dividend of 25%.
RR Kabel shares jump 10% as Q1 PAT surges 129% YoY, Ebitda doubles
RR Kabel reported a strong June-quarter performance, with profit after tax surging 129% year-on-year and Ebitda nearly doubling, driven by robust growth in its Wires